Infinity Power has signed two concession agreements with the government of Côte d’Ivoire to develop and operate photovoltaic power plants with a combined capacity of 80MW.
The projects, located in Touba and Laboa, are the company’s first ventures in the country and fall under the World Bank’s Scaling Solar programme. Once completed, the plants will feed electricity into the national grid via 17 kilometres of transmission lines, supplying power to over 400,000 people.
The concessions were secured after a competitive bidding process overseen by the Directorate General for Energy and CI Energies. The International Finance Corporation (IFC), part of the World Bank Group, served as the government’s technical and financial adviser during the tender. The Ministries of Mines, Petroleum and Energy, along with Finance and Budget, acted as the state’s representatives in the agreements.
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Strategic growth and climate impact
While financial details have not been disclosed, Infinity Power confirmed its proposal was considered the most competitive. The initiative supports the company’s goal of building a 10-gigawatt (GW) renewable energy portfolio by 2030. According to company estimates, the two plants will collectively prevent over 60,000 tonnes of carbon dioxide emissions annually.
The project has attracted significant multilateral backing, with the World Bank and IFC highlighting its role in diversifying Côte d’Ivoire’s energy mix and improving supply security. Energy Minister Mamadou Sangafowa-Coulibaly said the added capacity would boost production, enhance resilience, and encourage local investment. World Bank Country Director Marie Chantal Uwanyiligira added that greater solar integration could help reduce electricity generation costs and advance universal access targets.